Australia's Wellfully sees best day in 9 months on agreement with Russian retailer

Wellfully

11/06/2021 02:41

** Shares of Wellfully  WFL.AX  surge as much as 37.7% to
A$0.073, on track for their best day since Sept. 21, 2020
    ** Co signed a supply agreement with Russia-based luxury
brand retailer BORK  urn:newsml:reuters.com:*:nASX8f7xsd
    ** The agreement, which is forecast to deliver sales of A$2
mln ($1.55 mln), would enable co's further market expansion in
Russia 
    ** Stock on track for third consecutive session of gains;
hits highest level since April 19 
    ** About 17 mln shares change hands compared with a 30-day
average of 560,494 shares 
    ** Stock down 55.8% this year, as of last close 


($1 = 1.2898 Australian dollars)

 (Reporting by Tejaswi Marthi in Bengaluru)
 ((tejaswi.marthi@thomsonreuters.com))